The Internet is an ever-growing system that delivers new ways to earn money online. One of these opportunities is to be a domain reseller and sell domains to end users, earning revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered every day, and there are 1 000 000's of currently active domains, so this is a flowering marketing niche that you can become a part of.
Top-Level and Second-Level Domains Names
A domain involves two pieces - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the top-level domain name and "domain" is the second-level domain name.
Generic and Country-Code Top-Level Domains
The top-level domain names can be generic or country code. The generic TLDs comprise the most famous domain extensions like .com, .net, .org, .mobi, .info, whereas the country-code TLDs involve 2-letter abbreviations that symbolize each country. Instances of ccTLDs are .ca, .me, .fr, .es, and so on. Each top-level domain name, whether it is a gTLD or a country-code TLD, has a Registry - an organization that administers the registrations and determines the prerequisites that each specific top-level domain name may have, including the length of the registration term or the citizenship of the registrant. Certain Registrar corporations operate under the Registry. These are the firms that actually offer the domain name to customers and manage all DNS resource records.
Gain Profit From Reselling Domain Names
Lots of Registrars have reseller programs that enable individuals to earn cash from selling domains to end users. If you subscribe to such a program, you can launch your very own personal online business. Typically, a domain name will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end customer. The reason is that resellers can reach more persons in regions or countries where the Registrar may not be famous at all. This means more sales for the Registrar, so both sides will earn a profit from that. Your revenue will be the difference between the price that the customer pays and the one that the Registrar charges for the domain name registration.
Sell TLDs On Behalf Of Your Personal Brand Name
When you register with a domain name reseller program, you will obtain a site hosting CP where you can set the prices for the separate top-level domain names that the Registrar offers. Most firms also provide invoice management software and themes for your web store, and the automation of the entire process together with the huge demand for domain names render the domain name reseller market so alluring. You will either obtain a ready-to-use website and utilize the Registrar system to sell domains, or they will give you access to their API (Application Programming Interface) so that you can build your very own personal web page and order form. Traditionally, you have the option to select between the two options, so it all revolves around how expert you are in these matters. As a domain name reseller, you will operate under your very own brand name and not under the Registrar's brand.
Gain Revenue From Providing Web Site Hosting Services Too
A nice supplement to your domain reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to individuals who would like to make their web site and require both a domain name and a web hosting account. Some companies have such options. With 'ResellersPanel', for instance, you can run a Virtual Dedicated Server or a dedicated server, and they will also offer you a domain name reseller account and free-of-cost billing management software to bill your clients. You can then offer TLDs and shared website hosting accounts to customers, and since they provide many different domain extensions, you will be able to provide domain name and hosting services to clients from all over the globe.